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Title : China Denies Recent Remarks By Chinese President Xi Were Aimed At Settling The U.S. Trade Dispute
link : China Denies Recent Remarks By Chinese President Xi Were Aimed At Settling The U.S. Trade Dispute

China Denies Recent Remarks By Chinese President Xi Were Aimed At Settling The U.S. Trade Dispute

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U.S. President Donald Trump takes part in a welcoming ceremony with China's President Xi Jinping at the Great Hall of the People in Beijing, China, November 9, 2017. REUTERS/Damir Sagolj

CNBC/Reuters: Beijing says Xi speech wasn't a concession to US, it's ready to hit back at any escalation

* It would be misleading to say Xi's pledge this week was a concession to the United States, commerce ministry spokesman Gao Feng said at a regular press briefing in Beijing. China will not hesitate to fight back if the U.S. escalates the trade spat.
* Xi was merely outlining China's strategy to open up further, which had nothing to do with its trade friction with the United States, Gao said.

China will not hesitate to fight back if the United States escalates its trade spat with Beijing, the commerce ministry said on Thursday, asserting that Chinese President Xi Jinping's pledge to cut import tariffs is not a concession to Washington.

Xi on Tuesday vowed to open China's economy further and lower import duties on goods such as cars. U.S. President Donald Trump responded in a tweet saying he was "thankful" for Xi's kind words on tariffs and access for U.S. automakers, as well as his "enlightenment" on intellectual property issues.

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Update #1: China denies Xi comments aimed at settling US dispute (AP)
Update #2: US-China Trade War: Beijing Not Making Any Concessions, Chinese Commerce Ministry Clarifies (IBTimes)

WNU Editor: After President Xi made his speech on his willingness to compromise on the trade issue .... Has China 'Blinked' In Its Trade War Against The U.S.? (April 10, 2018) .... the stock market took-off and he was praised by the media and Western politicians. Now .... we are getting the revised/real message from China that nothing has changed, it is just a idea/plan, and they are ready to hit back hard against any nation (the U.S. included) if they move to restrict trade. If I may translate .... China is telling/warning everyone that they are not going to change their trade restrictions and policies. Period. End of story.

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